Carlisle Cos. (CSL) Tops Q2 EPS by 26c, Revenues Beat

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Carlisle Companies Reports Second Quarter Diluted Earnings per Share of $1.36

July 21, 2020 4:01 PM EDT

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Carlisle Companies Incorporated (NYSE: CSL) today announced its second quarter 2020 financial results.

Despite an extremely challenging second quarter, Vision 2025 goals remain intact Reported EPS of $1.36 includes $0.25 of costs attributable to restructuring, M&A and COVID-19 related plant closures and absences CCM delivered 18.7% operating income margin overcoming an approximately 20% decline in sales Solid performance in CIT-Medical partially offset expected weakness in CIT-Aerospace business Balance sheet remains strong, with $738 million in cash and untapped revolver of $1... More